98290, Snohomish, WA

The 98290 zip code of Snohomish, WA is located in the northwest corner of Washington state. The population of this zip code was 24,898 as of the 2010 census. The median home value in this zip code was $269,000 as of September 30, 2013. Home equity is an important part of a person's financial security and can provide a cushion during difficult times.

Home equity is composed of two components: the value of a homeowner's home and the amount of money that they have left over after paying off their mortgage and other related debts. The value of a home can increase or decrease over time due to many factors including market conditions, changes in zoning laws, and improvements or repairs made to the property. The amount that a homeowner has left over after paying off their debts is referred to as their "home equity."

The graph below shows the trend in home values in Snohomish from 1990 through 2013. During this period, prices increased steadily until 2006 when prices began to decline due to the housing crisis. Since then, prices have slowly recovered and are now back at pre-crisis levels. It is important to note that while home values have increased throughout most of Snohomish County during this period, values vary significantly from neighborhood to neighborhood due to differences in location and size (e.g., larger homes tend to command higher prices).

According to Zillow's recent report on "America's Most Affordable Housing Markets," Snohomish County ranks #2 on its list behind only Orange County (California) when it comes to affordability for households earning between 100% and 150% of median income. This means that if you are looking for an affordable place to live while still having access to good schools and amenities, you should consider moving into one of Snohomish County's neighborhoods!